The Hanover Insurance (THG) SVP Norton-Gatto Buys 6 Shares
The accounting chief's latest transaction aligns with similar modest stock purchases by five other company insiders.
Reviewed by automated data checks against the source filing. How we make and check alerts
Patricia Norton-Gatto, SVP & Princpl. Accntg. Officer at The Hanover Insurance Group, Inc. ($THG), bought 6 shares on June 26, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $THG is up 3.6% after 1 week, up 3.2% after 1 month and up 10.0% to date (from the $211.71 close on Jun 26, 2026).
Key Points
- Patricia Norton-Gatto, Senior Vice President and Principal Accounting Officer, acquired 6 shares of Hanover Insurance Group stock on June 26, 2026.
- Five other company insiders, including Executive Vice President Richard Lavey and several board members, also bought shares on the exact same day.
- The purchases occurred as Hanover Insurance Group traded at $214.54, sitting between its 52-week low of $166.54 and high of $236.07.
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Accounting Chief Patricia Norton-Gatto Increases Stake
Patricia Norton-Gatto, the Senior Vice President and Principal Accounting Officer of The Hanover Insurance Group, Inc. (NYSE: THG), increased her equity holding in the company. According to SEC filings, Norton-Gatto acquired 6 shares on June 26, 2026. This purchase aligns with her historical pattern of accumulating company stock in small increments during regular open-market windows.
This transaction was not an isolated event. It was part of a coordinated cluster of insider buying on the same day. These purchases were not tied to any pre-arranged Rule 10b5-1 trading plans, which are typically scheduled months in advance to avoid conflicts of interest.
Broad Insider Buying Wave at Hanover Insurance Group
Multiple key figures at the insurer bought shares alongside Norton-Gatto on June 26, 2026. Executive Vice President Richard Lavey made the largest purchase of the day, acquiring 28 shares. Meanwhile, board members Francisco Aristeguieta, Cynthia Egan, William Donnell, and Joseph Ramrath each purchased 4 shares.
Historically, clustered buying by multiple executives and directors at the same time can suggest collective confidence in the firm's direction. Because these purchases happened on the same date, they likely point to a shared window of opportunity for insiders to add to their holdings.
Hanover Insurance Stock Performance
Shares of the Worcester, Massachusetts-based property and casualty insurer were priced at $214.54 on Wednesday. The stock has traded in a 52-week range of $166.54 to $236.07. The current market price sits above the stock's 200-day moving average of $193.64, but slightly below its 50-day moving average of $224.00, suggesting some recent consolidation after a longer-term upward trend.
Recent Earnings
Hanover Insurance Group generated $6.76 billion in revenue during its most recent reporting period, representing a revenue growth rate of 4.3%. The company shows high profitability, with a net margin of 0.1117 and a return on equity of 0.21885. Earnings per share came in at $20.89. The company has its next quarterly earnings release scheduled for October 28, 2026.
Dividend
The Hanover Insurance Group pays an annual dividend rate of $3.80 per share, which translates to a current dividend yield of 1.7%. The board has kept the dividend payout ratio at 0.17950001, meaning the company retains a large portion of its earnings to fund internal growth and maintain capital reserves.
Analysts Set New Price Targets
Wall Street researchers have kept a watchful but cautious eye on the insurer. On October 6, 2026, Morgan Stanley maintained its Equal-Weight rating on the stock while trimming its price target to $230.00 from $240.00. Keefe, Bruyette & Woods maintained a Market Perform rating on September 18, 2026, though it nudged its price target up to $232.00 from $222.00. Earlier, on July 29, 2026, Citizens maintained a Market Outperform rating with a price target of $240.00.
Overall, eight analysts actively follow the stock, giving it a consensus recommendation key of hold. Their collective average price target is $237.75, representing some potential upside from recent trading levels.
About The Hanover Insurance Group
The Hanover Insurance Group, Inc. provides a wide range of property and casualty insurance policies to individuals and businesses across the United States. Founded in 1852, the company sells its personal and commercial coverage through a network of independent brokers and agents.
What's Ahead for The Hanover Insurance Group, Inc.
Investors monitoring Hanover Insurance Group will want to watch the upcoming October 28, 2026, earnings report to see if the business can maintain its premium growth. While insider purchases are backward-looking and do not guarantee future performance, this coordinated buying activity suggests the leadership team remains comfortable holding more of their own stock.
Source: Patricia Norton-Gatto's Form 4 filing on $THG (Jun 26, 2026). Find the original filing: THG Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts